Last quote by Muammer Komurcuoglu
This will result in the average funding cost reaching 8.5 percent compared with 8.3 percent yesterday. In other words, the central bank will have gone for tightening.
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Muammer Komurcuoglu is associated, including bank, loan, and funding cost. Most recently, Muammer Komurcuoglu has been quoted saying: “With the new system, the central bank is encouraging banks to give loans. We can say that the bank is aiming to boost growth through increasing loan volume and consumption spending.” in the article Turkish central bank fixes interest rate on reserves in bid to boost lending. An other article where Muammer Komurcuoglu has been quoted is Turkish government keeps up pressure for lower interest rates.
Quotes by Muammer Komurcuoglu
Nov 12 2016
With the new system, the central bank is encouraging banks to give loans. We can say that the bank is aiming to boost growth through increasing loan volume and consumption spending.
Sep 06 2016
As room for more cuts on the interest rate corridor narrows and we progress towards an end, the central bank is supporting monetary easing with reserve requirements and other tools.
Aug 09 2016
This is a step towards preventing a possible liquidity squeeze in markets. Lately the central bank has been providing daily liquidity of 108-110 billion lira to banks, so today's move will have a limited impact on funding costs.
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